FlyerTalk Forums - View Single Post - It is for sure now: AUA leaves Qualiflyer and joins StarAlliance
Old Sep 21, 1999 | 11:10 am
  #12  
Rudi
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Join Date: May 1998
Location: CH-3823 Wengen Switzerland
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SR's president Bruegisser just added in an interview:[*]SR will try to sell their AUA-shares, an estimated 160 Mio SFr value (100 Million US $)[*]SR will concentrate their Eastern Europe Partnership now on LOT (Polan) and will change from the Vienna hub to Warshow[*]SR also wants to finalize now their talks for a partnership with Malev (Hungary) and CSA (Tschech)[*]SR is still in talks with DL and AA and is looking forward to make a decision on their US partner till end of 99[*]Bruegisser says that partnerships in big alliances haven't always been good for shareholders of European airlines (he mentions Finnair shares being very bearish now for months)[*]Bruegisser says, that the AUA partnership (in Quaylifyer, but also code-share-flights, shared sales-offices in many places, shared lounges, etc. etc.) will probably end when the summer-flight-timetable 2000 starts (that's normally at the end of march).


[This message has been edited by Rudi (edited 09-21-1999).]
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